New figures released this morning bring mixed news for the St. Louis housing market.
RealtyTrac reports that nationally, 17 percent of homeowners still owe more than their home is worth. In St. Louis, that number is 23 percent.
The latest figures from RealtyTrac show a 9 percent drop in underwater homeowners nationally in the last year, but only a two percent drop in St. Louis.
A new study finds that St. Louis is one of the three best metro areas for home ownership.
The number of local homeowners who are still underwater on their mortgages remains high, but there is some light at the end of the tunnel.
Phony firms offer help…for a steep price…before disappearing.
Missouri Attorney General Chris Koster says it’s a good start, but probably won’t be enough money to help everyone hurt in the mortgage crisis.
Men posing as city water dept. employees try to charge for bogus inspections.
The bill will help protect homeowners from unscrupulous contractors.